Berkshire Hathaway, led by new CEO Greg Abel, has shifted its investment strategy by selling about 16 positions and significantly increasing its stake in Alphabet, Google's parent company. This move marks a departure from Warren Buffett's traditional avoidance of big tech, except for Apple. Alphabet's strong financial performance, driven by AI and cloud growth, makes it a compelling investment with a reasonable valuation. Abel's decision suggests Berkshire may embrace more tech-driven growth companies, signaling a potential long-term change in the firm's investment approach.
Meta has reached a settlement with the Breathitt County School District in Kentucky, ending a lawsuit accusing the company of causing social media addiction among teenagers. The case was part of a larger group of over 1,200 similar lawsuits consolida...
From 2025 through the first quarter of 2026, major tech companies including Alphabet, Microsoft, Meta, Amazon, and Oracle are projected to burn a combined $563 billion in free cash flow due to heavy AI-related capital expenditures. Apple stands out a...
Warren Buffett stepped down as CEO of Berkshire Hathaway on December 31, 2025, passing leadership to Greg Abel who now manages a $381 billion portfolio heavily concentrated in just seven stocks. Despite Buffett's retirement from the CEO role, he rema...
OpenAI and Google have significantly increased their AI investments in Singapore, establishing the city-state as a key AI hub in Asia-Pacific. OpenAI opened its first applied AI lab outside the U.S. in Singapore, backed by a S$300 million commitment,...
Nvidia continues to lead the AI chip market with strong sales expected to surpass $1 trillion next year, maintaining its dominance despite increasing competition from tech giants like Google, Apple, and others developing custom silicon. Google's TPUs...
